Good news, Time Warner (NYSE: TWX) investors. After suffering a run of bad numbers, buzz is finally building for Pacific Rim, director Guillermo Del Toro's giant robots vs. monsters epic that cost as much as $200 million to make.
Plenty is it stake for Warner and financing partner Legendary Pictures, says Fool contributor Tim Beyers in the following video. Why? Both studios need a new franchise to bank on. The fact that 75% of critics who've seen Pacific Rim rate it as "fresh"-- better than the 67% accorded to surprise hit World War Z -- suggests the film could enjoy a decent run in theaters.
But will it be as big a winner as the zombie thriller? According to Box Office Mojo, Viacom's (NASDAQ: VIAB) Paramount Studios has earned more than $370 million in worldwide grosses from the film, which has enjoyed uncommon staying power after last weekend's gate drop of just 38%, when 50% or more is typical. Getting even within spitting distance of that performance would be a win for Del Toro, Legendary, and Time Warner investors, Tim says.
Do you like the odds of Pacific Rim outperforming? Please watch the video to get Tim's full take, and then leave a comment to let us know whether you plan to see the film.
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